Professional Documents
Culture Documents
BENGZON, J.:
605
There are at least two reasons why this section does not
govern the situation. Not having obtained the certificate of
incorporation, the Far Eastern Lumber and Commercial
Co.—even its stockholders—may not probably claim "in
good faith" to be a corporation.
________________
1Cf. Thompson on Corporations, 3d. ed., secs. 6455-6457. But the suit
might be viewed as one for rescission of contract, the agreement between
incorporators being contractual in nature. Fisher op. cit., p. 14.
607
Petition dismissed.
____________